Modest rise for small car COEs

Certificate of Entitlement (COE) prices for cars up to 1,600cc rose slightly over S$1,000 in the latest round of bidding on Wednesday. (Yahoo! file photo)Certificate of Entitlement (COE) prices for cars up to 1,600cc rose slightly over S$1,000 in the latest round of …

Certificate of Entitlement (COE) prices for cars up to 1,600cc rose slightly over S$1,000 in the latest round of bidding on Wednesday.

Prices of COE for category A cars (1600 CC and below) rose by $1,111, or 1.7 per cent, to $68,000 from $66, 889.

Elsewhere in other categories, COE prices dropped.

For Category B (above 1600CC), the COE premium saw a big drop of $7,811 to $80,191.

In Category C (goods vehicle and bus), the COE premium dropped by $2,000 to the current $57,334.

Category D (motorcycle) premiums dropped by $212, or 11.8 per cent, to $1,801.

Lastly for category E (open), the COE premium dropped $5,991 to $87,999.

  • Amazon to release smartphone later this year: report
    Amazon to release smartphone later this year: report

    Amazon is preparing to release a smartphone in the second half of 2014, thrusting itself into a market already crowded with Apple and Samsung models, The Wall Street Journal reported. The company aims to announce its new product by the end of June and ship to customers by the end of September in time for the holidays, the Journal said in a Friday report, citing unnamed people briefed on the matter. Amazon, it said, hopes to differentiate its phone from other models with a screen that displays hologram-like three-dimensional images, which can be viewed without special glasses. Earlier this month the retailer unveiled a new media streaming device, Amazon Fire TV, which it touted as simplifying the experience of watching video online.

  • Supermodel Qi Qi is afraid of flying
    Supermodel Qi Qi is afraid of flying

    The supermodel said that she will take her daughter in a vacation but will try to avoid boarding a plane

  • One dead as S. Korea ferry with 476 passengers sinks
    One dead as S. Korea ferry with 476 passengers sinks

    South Korea's coastguard said Wednesday one person had been killed as it struggled to rescue 476 people -- mostly high school students -- aboard a ferry that ran aground and sank off the southern coast. "The ferry is almost completely submerged," Lee said, adding that a detachment of South Korean Navy SEALS were taking part in the rescue. Of the 450 passengers on board the ferry bound for the southern resort island of Jeju, 325 were students from a high school in Ansan, south of Seoul. The 6,825-tonne ferry, which had sailed out of the western port of Incheon on Tuesday evening, ran into trouble some 20 kilometres (13 miles) off the island of Byungpoong.